Dan Shapiro has an excellent post up titled What to do when an investor asks you for your business plan. In it he addresses something we missed in Venture Deals: Be Smarter Than Your Lawyer and Venture Capitalist. In the section where we discuss business plans, we say: “We haven’t read a business plan in […]
Topic: Business Plan
Sim Simeonov from Polaris Venture Partners has the best post of the day with his post titled For the MIT 100K Participants: Executives Summaries. In it, he shares some of his thoughts on how VC’s engage with executive summaries. Hint – they don’t cuddle up to them before they fall asleep at night.
Q: I just read your column in the January Issue of Entrepreneur and I had a follow up question. I am at the very beginning point of putting together my business plan. I have just started writing it and am fleshing out exactly how I envision the company running and what customer base I would […]
Question: How do I come up with projections of a web service that is not being done yet? I know make it up. Actually, please don’t just make it up. That’s a waste of your time. In answering this question, I’m going to assume that you haven’t built your new web service yet and you don’t […]
I co-own a startup company recently founded between myself and a partner. Neither of us have the core skills to write a clear and coherent business plan. However, we have very forward vision, goals, built-up clients and community, a strong advisory panel and all around great prospects. What would you advise we do, if not […]